Affordable housing

FHFA boosts multifamily lending caps for Fannie and Freddie

09/13/19

The Federal Housing Finance Agency is revising the multifamily loan purchase caps for the mortgage giants Fannie Mae and Freddie Mac to increase affordable housing.

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House passes five bipartisan financial services bills

09/11/19

The legislation takes aim at third-party bank service vendors, the backlog of FHA appraisals, rural housing assistance and other issues where there is broad agreement.

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Did Treasury's GSE report move the needle?

09/06/19

The Trump administration raised the goal posts for ending the conservatorships of Fannie Mae and Freddie Mac, but how officials get there is still highly uncertain.

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HUD’s assault on fair lending

09/06/19

With its proposal to restrict disparate-impact claims, the Trump administration seems determined to solve a problem that does not exist.

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HUD plows ahead with effort to restrict down payment assistance

09/04/19

The Trump administration is not backing down even after a federal court blocked guidance that would have limited the operations of national housing funds.

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Senate panel sets GSE hearing as administration's reform plan nears

09/04/19

With officials putting finishing touches on presidentially directed reports on the future of the housing finance system, the Senate Banking Committee announced a hearing to examine the issue.

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Regulators may end CRA credit for loans to wealthy: OCC’s Otting

08/09/19

Banks currently can help their CRA performance with mortgages to anyone in a distressed neighborhood, but Joseph Otting said officials crafting a reform plan are considering limiting that to lower-income borrowers.

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Crapo to join HUD's Carson at event on affordable housing

08/09/19

Secretary Ben Carson was invited by the head of the Senate Banking Committee to Idaho to discuss low-income housing shortages.

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Mnuchin's former bank agrees to $100M redlining settlement

07/29/19

The Department of Housing and Urban Development approved a settlement in favor of the California Reinvestment Coalition against CIT Group's OneWest Bank, which was run by Steven Mnuchin prior to him becoming Treasury secretary.

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Federal court blocks HUD guidance on down payment assistance

07/17/19

The ruling deals a blow to efforts by the Department of Housing and Urban Development to restrict nonprofit housing funds from operating on a national scale.

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